Tony Rice#3798

Tony Rice

Tony has over 25 years' specialised ship finance experience (both debt and equity) in London, Greece and Hong Kong. He has represented banks and other financial institutions, insurance companies, PE funds, export credit agencies, equity investors, Islamic funds, owners, operators and shipyards. Tony's work is principally in the area of complex structured cross-border finance transactions in shipping and offshore, though he also provides corporate and commercial shipping advice. He has been involved in some high profile restructurings and work-outs acting principally for the financiers.

Tony is additionally head of the Firm's ECA finance team and represents banks and ECAs in non-marine (as well as marine) transactions with ECA support.

Tony is recommended by both Legal 500 UK 2013 and Chambers UK 2014 for his experience in shipping finance and offshore.

Along with Associate Ian Hughes, Tony contributed the UK chapter of Getting the Deal Through Ship Finance 2015, which contains international insights into all areas of finance and vessel ownership affecting the international shipping industry.
Contributed to


Shipping finance—Export Credit Agency financing
Shipping finance—Export Credit Agency financing
Practice notes

This Practice Note explains the role of Export Credit Agencies (ECAs) in shipping finance and looks at which ECAs are the most active in shipping finance, the nature and types of support they offer and the benefits of ECA financing. It also explains the key structures and documentation issues, including the security package, to consider in ECA financings for shipping finance.

Practice Area


  • Contributing Author

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